Investing.com investing.com 19 Dec, 2020 17:00 am

Stimulus Hopes, Vaccine Optimism To Drive Sentiment In The Week Ahead By Investing.com

Stimulus Hopes, Vaccine Optimism To Drive Sentiment In The Week Ahead By Investing.com
Comic: Stimulus Hopes, Vaccine Optimism To Drive Sentiment In The Week Ahead

com - Stocks fell on Friday, but Wall Street’s major averages still managed to score weekly gains amid renewed hopes for another fiscal stimulus package and ongoing optimism over Covid-19 vaccine progress.The major averages posted gains for the week, despite Friday’s weakness.1% to 12,755 and the small-cap Russell 2000 dipped 0.The Nasdaq and the Russell outperformed, with both notching a gain of 3.

Congress now faces a Sunday midnight deadline to approve more funding.Meanwhile, Moderna (NASDAQ: MRNA )'s coronavirus vaccine on Friday became the second to receive emergency use authorization (EUA) from the U.

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